According to Smart Business Magazine, valet waste began in 1995 and by 2006, the concept of doorstep trash removal became a nationwide service. As a result, several national companies now have a stake in the multi-billion dollar industry2. Over 15,000 private waste management companies started in 2014 alone.
As the market continues to grow, so will the availability of the service. The greatest growth has been over the last 15 years. It has become an industry game changer3 making headlines as a top amenity sought out by residents. Apartment style homes gain more than just trash removal from their doorstep.
For residents, valet trash provides:
- a cleaner curbside appeal and breezeways;
- a form of crime deterrence;
- and residents no longer have to make trips to the dumpster at night or in adverse weather conditions
Properties benefit as well. With an added amenity all residents use, communities and apartment complexes increase their net operating income while maintaining the appearance of the property. Valet waste removal continues to grow in popularity as a luxury apartment amenity. It is now voted as one of the most requested amenity amongst apartment residents.
As a result, valet trash is quickly becoming a standard feature amongst apartment complexes and an expectation amongst residents.